3min chapter

Good Game cover image

The End Game for DeFi (Uniswap, Curve, Aave, & more) | EP 10

Good Game

CHAPTER

Is the Cryptocurrency Protocol Robust?

When maker first started, the only collateral they accepted was ETH. But now ETH is only 20%. How much is your DC? USDC, most stable points in total is about 15%. So it's pretty remarkable. People talked about the centralized risks factor, right? Like if, let's say stablecoins get frozen via USDC or do US does something about the treasure bills that a whole hasn't happened yet. And they're generating yield for their users. The protocol is still very robust in terms of the way diversified its holdings. It makes a lot of sense. They're creating more yield for their protocol. Overall, it's I think keeping the protocol robust against all the risk

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